Can I retire at age 40 with 836,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$69,036$68,421$67,821$67,236$66,664$65,913
2 years$34,176$33,540$32,923$32,325$31,745$30,989
3 years$22,558$21,919$21,303$20,711$20,140$19,403
4 years$16,750$16,113$15,503$14,921$14,364$13,651
5 years$13,266$12,632$12,031$11,461$10,919$10,232
6 years$10,944$10,315$9,723$9,165$8,640$7,980
7 years$9,286$8,663$8,080$7,535$7,027$6,394
8 years$8,043$7,426$6,852$6,321$5,829$5,224
9 years$7,077$6,465$5,902$5,384$4,909$4,330
10 years$6,305$5,699$5,145$4,641$4,183$3,631
11 years$5,673$5,073$4,530$4,039$3,597$3,072
12 years$5,147$4,554$4,020$3,543$3,117$2,617
13 years$4,703$4,115$3,592$3,128$2,718$2,243
14 years$4,322$3,741$3,227$2,777$2,383$1,932
15 years$3,992$3,417$2,914$2,476$2,098$1,671
16 years$3,704$3,135$2,642$2,217$1,854$1,450
17 years$3,450$2,887$2,404$1,992$1,644$1,262
18 years$3,224$2,668$2,194$1,795$1,462$1,101
19 years$3,023$2,473$2,009$1,622$1,303$963
20 years$2,841$2,298$1,844$1,469$1,164$843
21 years$2,678$2,140$1,696$1,333$1,042$740
22 years$2,529$1,998$1,563$1,212$934$650
23 years$2,393$1,869$1,443$1,104$838$572
24 years$2,269$1,751$1,335$1,007$753$503
25 years$2,155$1,643$1,236$920$678$444
26 years$2,050$1,544$1,146$841$611$391
27 years$1,953$1,453$1,065$770$550$345
28 years$1,863$1,369$990$705$497$305
29 years$1,780$1,292$921$647$449$270
30 years$1,702$1,220$858$594$405$238
31 years$1,629$1,153$800$545$366$211
32 years$1,561$1,091$746$501$331$187
33 years$1,497$1,033$697$461$300$165
34 years$1,437$979$651$424$272$146
35 years$1,381$929$609$390$246$129
36 years$1,328$882$569$359$223$115
37 years$1,278$837$533$331$202$102
38 years$1,230$796$499$305$183$90
39 years$1,185$757$468$281$166$80
40 years$1,143$720$438$260$151$71
41 years$1,103$685$411$239$137$63
42 years$1,064$653$385$221$124$56
43 years$1,028$622$362$204$113$49
44 years$993$593$340$188$102$44
45 years$960$565$319$174$93$39
46 years$929$539$299$161$84$34
47 years$899$515$281$148$76$30
48 years$870$491$264$137$69$27
49 years$843$469$248$127$63$24
50 years$816$448$234$117$57$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $836,000, adding $5,616 every year, while hoping to spend $57,589 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 53/32/15 Blend
39$836,000$836,000$836,000$836,000
40$927,065$882,757$869,799$972,193
41$960,351$864,738$837,663$985,618
42$995,103$843,906$802,520$993,618
43$1,031,408$820,062$764,209$1,001,028
44$1,069,362$792,996$722,561$1,007,808
45$1,109,070$762,485$677,400$1,013,915
46$1,150,643$728,294$628,540$1,019,307
47$1,194,202$690,175$575,790$1,023,944
48$1,239,880$647,862$518,948$1,027,780
49$1,287,818$601,078$457,803$1,030,775
50$1,338,172$549,528$392,137$1,032,886
51$1,391,111$492,900$321,719$1,034,071
52$1,446,818$430,865$246,310$1,034,289
53$1,505,492$363,076$165,660$1,033,503
54$1,567,351$289,165$79,508$1,031,676
55$1,632,630$208,744$0$1,028,772
56$1,701,588$121,402$0$1,026,751
57$1,774,507$26,708$0$1,037,306
58$1,851,693$0$0$1,047,724
59$1,933,481$0$0$1,084,729
60$2,020,239$0$0$1,133,998
61$2,112,367$0$0$1,186,359
62$2,210,303$0$0$1,242,066
63$2,314,527$0$0$1,301,399
64$2,425,562$0$0$1,364,662
65$2,543,985$0$0$1,432,190
66$2,670,423$0$0$1,504,347
67$2,805,567$0$0$1,581,536
68$2,950,173$0$0$1,664,196
69$3,105,069$0$0$1,752,810
70$3,271,165$0$0$1,847,907
71$3,449,458$0$0$1,950,068
72$3,641,043$0$0$2,059,929
73$3,847,122$0$0$2,178,192
74$4,069,013$0$0$2,305,624
75$4,308,166$0$0$2,443,069
76$4,566,172$0$0$2,591,456
77$4,844,780$0$0$2,751,803
78$5,145,911$0$0$2,925,229
79$5,471,677$0$0$3,112,967
80$5,824,399$0$0$3,316,369
81$6,206,628$0$0$3,536,923
82$6,621,172$0$0$3,776,265
83$7,071,115$0$0$4,036,195
84$7,559,851$0$0$4,318,693
85$8,091,114$0$0$4,625,937
86$8,669,012$0$0$4,960,321
87$9,298,061$0$0$5,324,482
88$9,983,236$0$0$5,721,322
89$10,730,006$0$0$6,154,032
90$11,544,394$0$0$6,626,126
91$12,433,028$0$0$7,141,471
92$13,403,202$0$0$7,704,326
93$14,462,947$0$0$8,319,376
94$15,621,103$0$0$8,991,782
95$16,887,404$0$0$9,727,223
96$18,272,565$0$0$10,531,955
97$19,788,386$0$0$11,412,866
98$21,447,859$0$0$12,377,538
99$23,265,292$0$0$13,434,325
100$25,256,441$0$0$14,592,425